With Grid Modernization Overdue, Don't Overlook Virtual Power Plants
Published on September 12, 2021
A transmission tower falling into the Mississippi River in late August sent New Orleans into weeks of darkness, highlighting the need for capital to speed deployment of small-scale clean power systems around the world’s waterfront cities. A few weeks earlier, Tesla showed how an established software-driven fix called a virtual power plant is drawing more investment from private sources. When the lights can go out in a blink, electricity that can rush into a community in an instant strikes more investors as worth a hard look.